• Korea journal of population studies
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• v.23 no.1
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• pp.197-215
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• 2000

이 논문에서는 선형·비선형 성장곡선모형의 종류와 특성을 살펴보고, 이들을 비교·검토하고, 모형선호기준 통계량에 입각하여 추정결과를 비교한다. 또한 최종사용자 환경을 위한 SAS/AF로 구현한 성장곡선모형에 의한 인구예측시스템을 소개한다.

• Communications for Statistical Applications and Methods
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• v.31 no.1
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• pp.143-154
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• 2024

This paper considers a combined model of exponential smoothing (ETS) and autoregressive integrated moving average (ARIMA) models that are commonly used to forecast time series data. The combined model is constructed through an innovational state space model based on the level variable instead of the differenced variable, and the identifiability of the model is investigated. We consider the maximum likelihood estimation for the model parameters and suggest the model selection steps. The forecasting performance of the model is evaluated by two real time series data. We consider the three competing models; ETS, ARIMA and the trigonometric Box-Cox autoregressive and moving average trend seasonal (TBATS) models, and compare and evaluate their root mean squared errors and mean absolute percentage errors for accuracy. The results show that the combined model outperforms the competing models.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.25 no.4
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• pp.331-338
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• 2012

Irregularity data inspected by EM-120, an railway inspection system in Korea includes unavoidable incomplete and erratic information, so it is encountered lots of problem to analyse those data without appropriate pre-data-refining processes. In this research, for the efficient management and maintenance of railway system, characteristics and problems of the detected track irregularity data have been analyzed and efficient processing techniques were developed to solve the problems. The correlation between track irregularity and seasonal changes was conducted based on ARIMA model analysis. Finally, time series analysis was carried out by various forecasting model, such as regression, exponential smoothing and ARIMA model, to determine the appropriate optimal models for forecasting track irregularity progress.

• The Korean Journal of Applied Statistics
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• v.29 no.4
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• pp.581-594
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• 2016

We introduce innovations state space exponential smoothing models (ISS-ESM) that can analyze time series with multiple seasonal patterns. Especially, in order to control complex structure existing in the multiple patterns, the model equations use a matrix consisting of seasonal updating parameters. It enables us to group the seasonal parameters according to their similarity. Because of the grouped parameters, we can accomplish the principle of parsimony. Further, the ISS-ESM can potentially accommodate any number of multiple seasonal patterns. The models are applied to predict electricity demand in Korea that is observed on hourly basis, and we compare their performance with that of the traditional exponential smoothing methods. It is observed that the ISS-ESM are superior to the traditional methods in terms of the prediction and the interpretability of seasonal patterns.

• Proceedings of the KSR Conference
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• 2001.10a
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• pp.97.1-103
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• 2001

Railway passenger demand forecasts may be used directly, or as inputs to other optimization model which is use the demand forecasts to produce estimates of other activities. The optimization models require demand forecasts at the most detailed level. In this environment exponential smoothing forecasting methods such as Holt-Winters are appropriate because it is simple and inexpensive in terms of computation. There are several initialization methods for Holt-Winters Model. The purpose of this paper is to compare the initialization methods for Holt-Winters model.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.40 no.1
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• pp.87-94
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• 2017

Many industrial accidents have occurred continuously in the manufacturing industries, construction industries, and service industries of Korea. Fatal accidents have occurred most frequently in the construction industries of Korea. Especially, the trend analysis of the accident rate and fatal accident rate is very important in order to prevent industrial accidents in the construction industries systematically. This paper considers forecasting of the accident rate and fatal accident rate with static and dynamic time series analysis methods in the construction industries. Therefore, this paper describes the optimal accident rate and fatal accident rate by minimization of the sum of square errors (SSE) among regression analysis method (RAM), exponential smoothing method (ESM), double exponential smoothing method (DESM), auto-regressive integrated moving average (ARIMA) model, proposed analytic function model (PAFM), and kalman filtering model (KFM) with existing accident data in construction industries. In this paper, microsoft foundation class (MFC) soft of Visual Studio 2008 was used to predict the accident rate and fatal accident rate. Zero Accident Program developed in this paper is defined as the predicted accident rate and fatal accident rate, the zero accident target time, and the zero accident time based on the achievement probability calculated rationally and practically. The minimum value for minimizing SSE in the construction industries was found in 0.1666 and 1.4579 in the accident rate and fatal accident rate, respectively. Accordingly, RAM and ARIMA model are ideally applied in the accident rate and fatal accident rate, respectively. Finally, the trend analysis of this paper provides decisive information in order to prevent industrial accidents in construction industries very systematically.

• Journal of Korean Society for Quality Management
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• v.12 no.2
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• pp.25-32
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• 1984

The purpose of this paper is to compare several forecasting methods for the case of the cement product by the analysis of the forecasting data and by the study of major forecasting methods, which are the Trend Projection, Exponential Smoothing, and Multiple Regression Analysis. As a result, it is thought that the Multiple Regression Analysis is the optimal model for the case of the cement product. In addition, it is important to consider the future circumstances for forecasting, and to improve the level of the forecasting results through the precise analysis of the collected data.

• Asia-Pacific Journal of Business
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• v.14 no.4
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• pp.343-356
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• 2023

Purpose - This study attempted to predict short-term transportation demand using trains and getting off at Gangchon Station. Through this, we present numerical data necessary for future tourist inflow policies in the Gangchon area of Chuncheon and present related implications. Design/methodology/approach - This study collected and analyzed transportation demand data from Gangchon Station using the Gyeongchun Line and ITX-Cheongchun Train from January 2014 to August 2023. Winters exponential smoothing model and ARIMA model were used to reflect the trend and seasonality of the raw data. Findings - First, transportation demand using trains to get off at Gangchon Station in Chuncheon City is expected to show a continuous increase from 2020 until the forecast period is 2024. Second, the number of passengers getting off at Gangchon Station was found to be highest in May and October. Research implications or Originality - As transportation networks are improving nationwide and people's leisure culture is changing, the number of tourists visiting the Gangchon area in Chuncheon City is continuously decreasing. Therefore, in this study, a time series model was used to predict short-term transportation demand alighting at Gangchon Station. In order to calculate more accurate forecasts, we compared models to find an appropriate model and presented forecasts.

• Journal of Korean Institute of Industrial Engineers
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• v.28 no.1
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• pp.63-75
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• 2002

To improve the efficiency of the electric power generation, monthly maximum electric power consumptions for a next one year should be forecasted in advance and used as the fundamental input to the yearly electric power-generating master plan, which has a greatly influence upon relevant sub-plans successively. In this paper, we analyze the past 22-year hourly maximum electric load data available from KEPCO(Korea Electric Power Corporation) and select necessary data from the raw data for our model in order to reflect more recent trends and seasonal components, which hopefully result in a better forecasting model in terms of forecasted errors. After analyzing the selected data, we recommend to KEPCO the Winters' multiplicative model with decomposition and exponential smoothing technique among many candidate forecasting models and provide forecasts for the electric power consumptions and their 95% confidence intervals up to December of 1999. It turns out that the relative errors of our forecasts over the twelve actual load data are ranged between 0.1% and 6.6% and that the average relative error is only 3.3%. These results indicate that our model, which was accepted as the first statistical forecasting model for monthly maximum power consumption, is very suitable to KEPCO.

• Culinary science and hospitality research
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• v.15 no.2
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• pp.231-242
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• 2009

One of the most crucial information at the hotel banquet is revenue data. Revenue forecast enables cost reduction, increases staffing efficiency, and provides information that helps maximizing competitive advantages in unforeseen environment. This research forecasts the hotel banquet revenue by utilizing ARIMA Model which was assessed as the appropriate forecast model for international researches. The data used for this research was based on the monthly banquet revenue data of G hotel at Seoul. The analysis results showed that SARIMA(2, 1, 3)(0, 1, 1) was finally presumed. This research implied that the ARIMA model, which was assessed as the appropriate forecast model, was applied for analyzing the monthly hotel banquet revenue data. Additionally, the research provides beneficial information with which hotel banquet professionals can utilize as a reference.